Navi Nifty Midcap 150 Index Fund
The scheme seeks to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error.
Growthvine rating: 4/5 — ranked #31 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹19.72 (as of 2026-10-01) |
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| AUM | ₹408 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Ashutosh Shirwaikar |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.61 |
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| Standard deviation | 17.87% |
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| Max drawdown | −21.24% |
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| Alpha | -0.81 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 11.6% |
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| Mid cap | 84.2% |
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| Small cap | 4.2% |
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Concentration
| Top 5 holdings | 10.7% |
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| Top 10 holdings | 18.5% |
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| Total holdings | 150 |
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Top holdings
- BSE Ltd. — 3.1%
- Federal Bank Ltd. — 2.1%
- Multi Commodity Exchange of India Ltd — 2.0%
- Laurus Labs Limited — 1.7%
- One 97 Communications Limited — 1.7%
- Hero MotoCorp Limited — 1.6%
- COFORGE LIMITED — 1.6%
- IndusInd Bank Ltd. — 1.6%
- PB Fintech Limited — 1.5%
- Bharat Heavy Electricals Ltd. — 1.5%
Top sectors
- Banking & Financial — 16.3%
- Pharma & Biotech — 8.8%
- Finance & Investments — 8.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −3.3% | — | — |
| 2025 | 4.6% | — | — |
| 2024 | 22.9% | — | — |
| 2023 | 42.4% | — | — |